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is going to have the biggest economy in the world not the united states but china and china is going to be moving toward military parity at some point this is our chance to get it right with china instead of this specific pivot that we have now hillary clinton wrote that article in foreign policy magazine titled america's pacific century that the united states is going to tip it toward asia now in order to control china if that's the mentality then when the chinese become more power with the united states how are they going to treat us i mean this is our chance actually to have a pivot a very good kind of pivot by creating a broader world community that includes the chinese rather than saying that they're somehow the enemy who we've got to contain or there is a broader breakdown it's not just china versus the u.s. i mean that's kind of an american fantasy about us like a game you know you think about regional powers at all come on and start to revolt against essentially a tyranny of will by the u.s. let's say brazil and india and turkey. and as well all these they have these countrie
is going to have the biggest economy in the world not the united states but china and china is going to be moving toward military parity at some point this is our chance to get it right with china instead of this specific pivot that we have now hillary clinton wrote that article in foreign policy magazine titled america's pacific century that the united states is going to tip it toward asia now in order to control china if that's the mentality then when the chinese become more power with the...
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know two thousand and twelve was very challenging global environment we had a much slower growth in china we had a recession in the european union and also very challenging in the u.s. also because of the election try to use the external backdrop was very difficult for russia but this domestic diversion and in particular consumption spending private consumption spending was was was the main factor that was helping the russian economy achieve i think a very very decent performance doesn't mean that the russian economy is now more immune to the global challenges actually i think so i think that the relative to two thousand and eight the so-called great recession there is much better prepared to deal with with another external shock and there are number of reasons for that number one we have a much more flexible exchange rate so exchange it can serve as a kind of a shock absorber if we were to face another. also the fact that. during the last three four years the russian economy has been able to stand in with q.q. in the back so it doesn't relate the share of short term external debt is much
know two thousand and twelve was very challenging global environment we had a much slower growth in china we had a recession in the european union and also very challenging in the u.s. also because of the election try to use the external backdrop was very difficult for russia but this domestic diversion and in particular consumption spending private consumption spending was was was the main factor that was helping the russian economy achieve i think a very very decent performance doesn't mean...
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Dec 27, 2012
12/12
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KPIX
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she was arrested last week near twin peaks after allegedly hitting four members of a family from china and then leaving the scene. one of the victims died at the hospital. >>> stay with us, traffic and weather coming right up. >>> good morning. better news now in san mateo county. this is our one problem spot an overturn injury crash highway 92 approaching highway 35. all lanes are back open. the rest of the bay area is certainly "holiday light." no major delays anywhere you go. here's a live look across the golden gate bridge. northbound and southbound 101 moving fine into and out of marin county. the nimitz in the east bay 880 near the oakland's coliseum. 15 minutes between 238 and the maze and mass transit no delays so far on a regular weekday schedule. >>> talking weather now, and it is dry all across the bay area. you can put away the umbrellas. you needed them for the past couple of days but the storm system has officially left us. 46 right now in oakland. 45 in concord. and only 39 degrees out in fairfield. so it's going to be another chilly day and temperatures by this afternoo
she was arrested last week near twin peaks after allegedly hitting four members of a family from china and then leaving the scene. one of the victims died at the hospital. >>> stay with us, traffic and weather coming right up. >>> good morning. better news now in san mateo county. this is our one problem spot an overturn injury crash highway 92 approaching highway 35. all lanes are back open. the rest of the bay area is certainly "holiday light." no major delays...
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Dec 27, 2012
12/12
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FBC
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you mentioned china, that's probably our biggest customer, i would imagine. there are different types of coal. i don't want to get too technical. >> there's two types of coal -- coal, coal used to make electricity and the coal we sell to european asian latin american utilities, that we expect to increase the demand from the rest of the world. secondly the steel making coal which is used in europe brazil and in asia and we are one of the top three exporters of that coal in the world, and as the recovery in steel production increases in asia and in europe and latin america, that should be better for demand for that coal and hopefully pricing and really benefits most of the coal companies. ashley: steel prices firming as well. >> it seems that way, yes. ashley: the epa has been tough on the coal industry. >> you have said it, yeah. ashley: does that have an impact? >> it has. you know, certainly the equities were discounting a romney victory back in november. got hit pretty hard afterwards. now the stocks are back to where it was prior to the election. in my vie
you mentioned china, that's probably our biggest customer, i would imagine. there are different types of coal. i don't want to get too technical. >> there's two types of coal -- coal, coal used to make electricity and the coal we sell to european asian latin american utilities, that we expect to increase the demand from the rest of the world. secondly the steel making coal which is used in europe brazil and in asia and we are one of the top three exporters of that coal in the world, and...
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Dec 27, 2012
12/12
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KRON
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china will be the biggest economy in the world by 2020 for sure bartlett 30. >> china,, off, cchian it is clear china is a competitor. >> number for youno. 3 the houst bottomed out. it continues record low mortgage rates set off a building and buying spree. investors began buying the entire neighborhoods with first- time buyers more also able to get a home of their home for the first time in years as long as they had a hefty down payments. >> 2 barack obama will be reelected president of the nine stakes. the election more than about obama and romney it was about capitalism. and what kind of role government having a live. >> #1 is the fiscal cliff. lawmakers start coming to the not bother to pay any attention to it until after the election. had they put politics aside and dealt with the earlier who knows how strong the u.s. economy would be right now. >> 9 4:01 a.m. we will be back with more in a couple of minutes. less than a live look outside. sunshine never were including marijuana of crete. seven on 680 is nice in light. >> we are here from 4 to 10. at 10:00 is dr. field every day h
china will be the biggest economy in the world by 2020 for sure bartlett 30. >> china,, off, cchian it is clear china is a competitor. >> number for youno. 3 the houst bottomed out. it continues record low mortgage rates set off a building and buying spree. investors began buying the entire neighborhoods with first- time buyers more also able to get a home of their home for the first time in years as long as they had a hefty down payments. >> 2 barack obama will be reelected...
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Dec 27, 2012
12/12
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CNNW
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> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number two. cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism, about spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after th
> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low...
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Dec 27, 2012
12/12
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CNBC
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. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to h
. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will...
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Dec 27, 2012
12/12
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FOXNEWSW
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a giant aquarium bursts, e phroedz insid explodes inside a mall in sang high china it sends glass, water, everywhere, including sharks. fortunately the sharks weren't terribly hungry at the moment and they didn't get very far. patti ann: george h.w. bush is in intensive care at a houston hospital battling a subject born fever. the former president has been sick for a few weeks now. on november 7th he was admitted to methodist hospital in houston what cough. he was later released only to be readmitted on november 23rd. by december 13th a hospital spokesman said the former president was improving and should be able to celebrate christmas at home with his family. two days before christmas mr. bush was moved to the intensive care unit at methodist due to that stubborn fever. yesterday a spokesman saying the former president had a subject born fever that won't go away. so what are we to make of all of this. dr. bob laheads is the match of medicine. he's been in intensive care since sunday: it wasn't until three days later that his spokesman came out and acknowledged it to the public, what do
a giant aquarium bursts, e phroedz insid explodes inside a mall in sang high china it sends glass, water, everywhere, including sharks. fortunately the sharks weren't terribly hungry at the moment and they didn't get very far. patti ann: george h.w. bush is in intensive care at a houston hospital battling a subject born fever. the former president has been sick for a few weeks now. on november 7th he was admitted to methodist hospital in houston what cough. he was later released only to be...
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Dec 27, 2012
12/12
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CSPAN
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? they find ways to make it grow on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. economy is simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the global minotaur was wounded. the minotaur formed new forms of pleasure and new forms of deprivation. creating spectacular failures of common decency. whatever we think of the global minotaur's reign, he kept the world going and thinking its regime was stable, moderate even. meanwhile, its gross excesses' remained out of sight. unt
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? they find ways to make it grow on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological...
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Dec 27, 2012
12/12
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. >>> panic at a shopping mall in shanghai, china, when a giant shark aquarium suddenly burst. the 33-ton tank sending water, fish and shards shards of glass everywhere. 3 people were hurt. fortunately the starks didn't get very far. harris: let's look ahead to 2013 and perhaps the most important issue on american finds will continue to be the economy. there are new signs today, that 2013 should be a good year for us. dominick tavella, financial advisor and president of certified financial consultants is here in studio with us. dominic, you say there are three bright spots really the headline in this? >> once we get past the fiscal cliff we know it will take some dollars out of the economy, whether it is higher taxes or entitlement cuts. it will create a little bit of a shock to the economy but there are bright spots we should look for in 2013. harris: there are three you said. what are they? >> housing, energy and huge amount, trillions of dollars sitting on the sidelines by corporate america, waiting to come into the economy once this picture clears up. harris: we're getting
. >>> panic at a shopping mall in shanghai, china, when a giant shark aquarium suddenly burst. the 33-ton tank sending water, fish and shards shards of glass everywhere. 3 people were hurt. fortunately the starks didn't get very far. harris: let's look ahead to 2013 and perhaps the most important issue on american finds will continue to be the economy. there are new signs today, that 2013 should be a good year for us. dominick tavella, financial advisor and president of certified...